The recent rise and fall of digital currency several times has attracted the attention of everyone. At one time, the market view is tit-for-tat and there are different opinions. Asset rating agency Weiss RaTIngs announced its first rating report on 74 major digital currencies on Wednesday, with the outlook for Ethereum being the most promising and the bitcoin at the midstream level.
Weiss RaTIngs announced a “B†rating for Ethereum as it gains an advantage from relatively stable technology upgrades and faster transaction speeds. Bitcoin only receives the “C+†rating, the transaction is slow, and the high cost is the main disadvantage. Although the technology is constantly innovating, it may not be able to make a significant change in a short period of time.
It is worth mentioning that due to concerns that the rating may cause losses in digital currency price fluctuations. Weiss RaTIngs said in a statement on Wednesday that the company's website had been attacked by hackers from South Korea in an attempt to prevent the publication of rating reports.
According to the rating standards published by Weiss RaTIngs last week, the computer model was constructed based on risk, return, technology and social acceptance to give the final result. Relevant criteria are based on robust data and parametric analysis. Of course, some special scenarios, such as some unexpected events, will be created in the analysis.
As of Thursday morning, according to CoinDesk's offer, the world's largest digital currency bitcoin rose 1% to $10,955. The second largest digital currency, the Ethereum, rose about 3% to $1019. The median Bitcoin transaction fee has fallen to $5 from more than $10 in previous weeks, and the median transaction cost for Ethereum is $0.85.
Weiss RaTIngs announced a “B†rating for Ethereum as it gains an advantage from relatively stable technology upgrades and faster transaction speeds. Bitcoin only receives the “C+†rating, the transaction is slow, and the high cost is the main disadvantage. Although the technology is constantly innovating, it may not be able to make a significant change in a short period of time.
It is worth mentioning that due to concerns that the rating may cause losses in digital currency price fluctuations. Weiss RaTIngs said in a statement on Wednesday that the company's website had been attacked by hackers from South Korea in an attempt to prevent the publication of rating reports.
According to the rating standards published by Weiss RaTIngs last week, the computer model was constructed based on risk, return, technology and social acceptance to give the final result. Relevant criteria are based on robust data and parametric analysis. Of course, some special scenarios, such as some unexpected events, will be created in the analysis.
As of Thursday morning, according to CoinDesk's offer, the world's largest digital currency bitcoin rose 1% to $10,955. The second largest digital currency, the Ethereum, rose about 3% to $1019. The median Bitcoin transaction fee has fallen to $5 from more than $10 in previous weeks, and the median transaction cost for Ethereum is $0.85.
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